Kuwait\'s crude oil exports to South Korea jumped 27.9% in June from a year earlier to 12.83 million barrels, or 428,000 barrels per day (bpd), (KUNA) news agency reported citing data released by the state-run Korea National Oil Corporation. As South Korea\'s No. 2 supplier, Kuwait provided 16.3% of the Asian nation\'s total crude oil imports in June, compared to a 13.2% share in the same month of 2011 and 16.1% in May. Overall South Korea\'s crude oil imports last month increased 3.4% year-on-year to 78.57 million barrels (2.62 million bpd). South Korea, with its heavy industrial base, is the world\'s fifth-biggest oil importer.
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Kuwaiti oil price up 93 cents to stand at US$66.09 per barrelMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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